Read Hunt

What Read Hunt does

Read Hunt Limited (trading as Readhunt) is a UK-registered, FCA-authorised (FRN 304444) commercial insurance broker founded in 2002 by Mike Huntington in Rotherham, South Yorkshire. The firm is built around a relationship-led advisory model in which each client is assigned a dedicated account manager from a multi-disciplinary team spanning Managing Director, Board Directors, a Divisional Director for London Markets, Head of Compliance, Head of Finance, a Trading Manager, a Claims Manager and account handlers. Revenue is generated primarily through insurance commissions on placements, supplemented by disclosed professional fees for policy arrangement/amendment/renewal/cancellation, premium financing credit-broker fees of up to 3% of funded amounts, and claims-handling fees. Pricing is bespoke and quote-driven, with no online self-service or comparison-site distribution; all business is transacted directly through phone, email or face-to-face meetings.

Readhunt's product surface combines six core commercial lines (Commercial Insurance, Commercial Motor, Liability, Property, Cyber and Professional Indemnity) with nine sector-specialist programmes covering Construction, Haulage & Transport, Logistics, Manufacturing, Civil Engineering, Contractors, Developers & Large Projects, Subcontractors and Property Owners. A Readhunt London Markets division operates from Lloyd's of London (One Lime Street), leveraging a 2026 Lloyd's Broker registration to access specialist underwriting syndicates for complex and hard-to-place risks across property, financial lines, liability, marine/cargo, construction, engineering and niche placements. Distribution is purely direct B2B sales; acquisition channels combine sector-specific content marketing, LinkedIn presence, email renewal management and word-of-mouth referrals, including cross-referrals with sister firm First Business Finance within the SRT & Partners group.

The company became a subsidiary of SRT & Partners, a holding company for commercial insurance and finance businesses, in 2024. Tony Saunders was appointed Managing Director that year, rising from broker to Director (2013) and then MD. The London Markets office at Lloyd's was opened in the same period, and the rebrand introduced a refreshed digital presence while preserving the firm's traditional service ethos. Reported operational KPIs include a ~98% renewal retention rate and disclosed client outcomes such as a ~19% premium cost reduction in waste/recycling and a 60%+ reduction in open claims with roughly 50% lower overall claim costs in a referenced case study.

Name

Read Hunt

Legal name

Read Hunt Limited

Website

https://readhunt.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Read Hunt Limited (trading as Readhunt) is a UK-based, FCA-authorised commercial insurance broker founded in 2002, providing bespoke commercial, motor, property, liability, cyber and professional indemnity cover to SMEs across construction, haulage, logistics, manufacturing and related verticals, including a specialist London Markets division accessing Lloyd's syndicates.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Commercial insurance brokerage
• Corporate insurance brokers
• Commercial motor insurance
• Professional indemnity insurance
• Lloyd's broker services

Headquarters

HQ city

Moorkaten

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Commission: Commission payments from insurance companies for placing business with them. Commission percentages are contractually agreed with insurers and vary by class of business and insurance company.
2. Professional Fees: Fees charged for professional services including policy arrangement, amendment, renewal and cancellation services. Disclosed separately from insurance premiums.
3. Premium Financing: Credit broker services for arranging premium financing. Earns up to 3% of amount funded for arranging financing of insurance policies.
4. Claims Handling Fees: Fees for claims handling services throughout the policy period. Additional fees for uninsured loss recovery and commercial legal expenses placements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Read Hunt (trading as Readhunt) is a UK corporate insurance broker that arranges and manages tailored commercial insurance programs for businesses. Core offerings span Commercial Insurance, Commercial Motor Insurance, Liability Insurance, Property Insurance, Cyber Insurance, and Professional Indemnity Insurance, supported by sector-specific expertise in Construction, Haulage & Transport, Logistics, Manufacturing, Civil Engineering, Contractors, Developers, Subcontractors, and Property Owners, plus a London Markets division providing access to Lloyd's of London syndicates for complex placements.

Product overview

Read Hunt is an independent corporate insurance broker offering a portfolio of tailored insurance products and sector-specific expertise to UK businesses. The core product suite comprises Commercial Insurance (a bespoke combined business policy), Commercial Motor Insurance, Liability Insurance, Property Insurance, Cyber Insurance, and Professional Indemnity Insurance. These are complemented by sector-specific insurance programmes for Construction, Haulage & Transport, Logistics, Manufacturing, Civil Engineering, Contractors, Developers & Large Projects, Subcontractors, and Property Owners. A dedicated London Markets division accesses Lloyd's of London and specialist London Market insurers for complex placements. Claims management is delivered as an integrated service supporting clients from notification to settlement.

Differentiator

Problem solved

Functional benefit

Brands

• Readhunt London Markets: A specialist division providing complex insurance placements for both group clients and exclusive partner network across the UK and overseas, with access to Lloyd's of London and London Market insurers.

Products and services

• Commercial Insurance Bespoke combined business insurance policy protecting commercial operations, assets, and financial health against unforeseen circumstances including property, liability, and business interruption risks. Aimed at UK commercial clients of varying sizes.
• Commercial Motor Insurance Tailored motor trade and fleet insurance covering new and used sales, vehicle transportation, servicing and repairs, bodywork, and professional indemnity regarding finance for automotive dealerships and independent garages.
• Liability Insurance Comprehensive liability coverage mitigating financial risk for legal fees and compensation related to injury or damage claims including public, employee, and product liability.
• Property Insurance Tailored commercial property insurance designed for portfolios ranging from small residential leases to multi-tenure industrial estates, accessing competitive specialist markets.
• Cyber Insurance Cyber insurance protecting businesses against cyber attacks, data breaches, and security failures, minimising business interruption and supporting resilience.
• Professional Indemnity Insurance Tailored professional indemnity cover reflecting specific exposures for advice and professional services across various industries.
• Construction Insurance Specialist insurance for construction businesses covering Contractors All Risks, employers' and public liability, plant, tools, hired-in equipment, and professional indemnity.
• Haulage & Transport Insurance Fleet, cargo and liability cover for haulage operators including commercial motor, goods in transit, employer and public liability, and warehouse risks.
• Logistics Insurance Insurance for wholesale and logistics businesses covering stock, warehouse, marine cargo, goods in transit, business interruption, liability, and multi-site placements.
• Manufacturing Insurance Manufacturing insurance covering property damage, business interruption, machinery breakdown, engineering risks, supply chain, cyber, and employer liability.
• London Markets Specialist division providing complex insurance placements through Lloyd's of London and London Market insurers, covering commercial property, financial lines, liability, marine and cargo, construction, engineering, and niche placements.
• Claims Management Proactive claims management service providing dedicated support from first notification through to settlement, with all client correspondence actioned within 24 hours.

Quantifiable outcome

• Nearly 98% renewal retention rate - 10% above industry average
• +2 more outcomes

Named customers20 records

Segments9 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core partner and industry association.

• First Business Financecore partnerStrategic or Co-development PartnerPart of First Business Group, specialist asset finance and business funding adviser that shares Readhunt's people-first values. Together they provide joined-up conversations around risk, funding and planning for shared clients, enabling businesses to access both insurance and finance solutions from aligned advisors.
• Lloyd's of Londoncore partnerChannel Partner/ Reseller/ DistributorReadhunt is a registered Lloyd's broker authorised to place business at Lloyd's of London through the London Market. This provides access to specialist underwriting syndicates with expertise to assess and structure technically challenging or bespoke risks. The Lloyd's global insurance marketplace brings together specialists for complex commercial placements.
• SRT Partnerscore partnerStrategic or Co-development PartnerSRT Partners is referenced as Readhunt's partner network for London Markets operations, providing exclusive access to the Group's client base and strategic relationships for complex insurance placements across the UK and overseas.
• British Insurance Brokers' Association (BIBA)industry associationOthersBIBA membership demonstrates adherence to industry standards and best practices in insurance broking. Readhunt displays the BIBA logo on their website indicating active membership in this trade organization.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Marsh Commercial: UK SME and mid-market division of global broker Marsh, offering commercial, motor, property and cyber covers - directly comparable product set to Readhunt, but with corporate backing and broader geographic reach.
• Ardonagh Group: Large UK-headquartered insurance broker group (parent of Towergate and other consolidators) operating across personal, commercial and specialty lines. Competes with Readhunt on UK SME commercial insurance but at much greater scale and broader scope.
• Aon UK: Global insurance and reinsurance broker with substantial UK commercial operations and Lloyd's / London Market access. Competes for the same mid-market and complex commercial placements as Readhunt, with significantly deeper resources.
• Towergate Insurance Brokers: UK commercial and personal lines broker (part of Ardonagh) with strong presence in commercial combined, motor trade, property and liability - very similar product suite to Readhunt but at a larger scale.

Direct peers

• Jelf Insurance Brokers: UK regional commercial broker (now part of Marsh) serving SMEs and mid-market clients across construction, manufacturing and professional services - directly comparable target customers and product mix to Readhunt.
• Nexus Underwriting: Lloyd's-focused specialty managing general agent and broker with construction, marine and liability expertise. Comparable to Readhunt's London Markets division in terms of Lloyd's access and complex-risk placement capability.
• PIB Group: UK specialist insurance broker group built via roll-up of niche commercial brokers, many of them SME-focused with sector expertise programmes - highly comparable operating model and target customer base to Readhunt.
• Aston Lark: UK-focused commercial insurance broker with comparable size and a similar mid-market / SME specialism across commercial, motor, property and liability lines. Direct competitor for the same UK SME relationship-led broking model that Readhunt runs.
• One Broker: Independent UK commercial insurance broker focused on construction, commercial combined, fleet and specialist lines for SMEs. Closely comparable in size, vertical focus and relationship-led service proposition.
• Howden Insurance Brokers: Specialty-focused UK and international broker, particularly strong in construction, haulage and complex commercial placements - directly overlapping with Readhunt's vertical specialism and Lloyd's / London Market access.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/read-hunt-corporate-insurance-brokers
• Facebookfacebook.com/readhuntbrokers

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Read Hunt